Short Interest in Mobico Group PLC (OTCMKTS:NXPGF) Rises By 427.3%

Key Points

• Mobico Group PLC experienced a staggering short interest increase of 427.3% in August, totaling 2,213,800 shares as of August 15th.
• The stock opened at $0.48, with a fifty-two week range between $0.38 and $0.59, indicating potential volatility.
• Mobico Group offers various public transport services across multiple countries, including the UK, Germany, and the US, operating through various segments such as UK, German Rail, and North America.

Mobico Group PLC (OTCMKTS:NXPGF - Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 2,213,800 shares, anincreaseof427.3% from the July 31st total of 419,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Mobico Group Stock Performance

OTCMKTS:NXPGF remained flat at $0.48 during trading hours on Friday. Mobico Group has a 12 month low of $0.38 and a 12 month high of $0.59. The firm has a fifty day simple moving average of $0.41 and a 200-day simple moving average of $0.49.

Mobico Group Company Profile

Mobico Group Plc engages in providing public transport services in the United Kingdom, Germany, Spain, Morocco, Switzerland, the United States, Canada, France, and Portugal. The company operates through UK, German Rail, ALSA, and North America segments. It owns and leases vehicles. The company also provides student transportation, urban bus, regional/long haul coach, rail, and charter and other services; transit and scheduled coach services; and private hire and commuter coach travel services.